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CAPREIT Announces Election of Trustees

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TORONTO, June 13, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that, at its Annual and Special Meeting of Unitholders held today, all of the nominees for election as trustees of CAPREIT referred to in its management information circular dated April 17, 2019 were elected as trustees by… [Read More]

Terra Firma Capital Corporation to Initiate a Quarterly Dividend

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TORONTO, June 12, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), is pleased to announce that given its cash generation profile and shareholder return objectives, the Company will be initiating a quarterly dividend program starting in the third quarter. The board of directors has declared the Company’s initial… [Read More]

Allied Announces $300 Million Equity Offering to Fund the Equity Component of $504 Million of Completed and Pending Acquisitions in Montréal, Toronto, Kitchener, Calgary and Vancouver

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, June 10, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by Scotiabank, RBC Capital Markets and Goldman Sachs Canada Inc.,… [Read More]

CAPREIT to Acquire Brand New Rental Complex in Victoria

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TORONTO, June 07, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has acquired a brand-new, purpose built luxury rental complex in Victoria, British Columbia consisting of a six-storey 65-suite building and seven townhomes. Located in the affluent View Royal neighbourhood, the mix of one, two and… [Read More]

RioCan to Acquire KingSett Capital’s 50% Interest in Yonge Sheppard Centre; KingSett Capital Investing $100 Million in RioCan Units

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TORONTO, June 06, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”, TSX:REI.UN) announced today that it has agreed to acquire from KingSett Capital’s Canadian Real Estate Income Fund (“KingSett”) its non-managing, 50% co-ownership interest in Yonge Sheppard Centre (the “Centre”) for an estimated $331 million, net of certain working capital adjustments. The parties… [Read More]

Summit Industrial Income REIT– Announces C$130 Million Bought Deal Financing

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 03, 2019 (GLOBE NEWSWIRE) — Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively, the “Underwriters“) to… [Read More]

Mountain China Resorts Reports 2019 First Quarter Financial and Operational Results

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BEIJING, May 31, 2019 (GLOBE NEWSWIRE) — Mountain China Resorts (Holding) Limited (TSXV: MCG) (“MCR” or the “Company”), today reported its financial results for the quarter ended March 31, 2019. MCR reports its results in Canadian Dollars. Financial Results Total revenue and the net results were from resort operations sales revenue during the Reporting Period…. [Read More]

Partners REIT Initiates Strategic Review

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TORONTO, May 29, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) today announced that its board of trustees (the “Board”) has initiated a process to explore and evaluate strategic alternatives available to the REIT, which may include, but is not limited to a sale of the REIT itself;… [Read More]

StorageVault Completes Previously Announced Purchase of British Columbia Store for $28.5 Million and Issues Options

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TORONTO, May 29, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its May 14, 2019 news release, it has completed the acquisition of the British Columbia store (the “Acquisition”).  SVI paid $27.25 million to an arms length vendor for the real property and paid $1.25 million to… [Read More]

Report on Financial Results for the Three Months Ended March 31, 2019

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TORONTO, May 29, 2019 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the three months ended March 31, 2019 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND… [Read More]

RioCan Real Estate Investment Trust Announces Results of Voting at RioCan’s Annual Meeting

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TORONTO, May 28, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced the results of the votes held at its May 28, 2019 Annual Meeting of unitholders (the “Meeting”). The total number of units represented by unitholders present in person or by proxy at the Meeting was 184,869,634; representing 60.86%… [Read More]